New Zealand Technology Showcased In United States

The April issue of Semiconductor
International, is featuring New Zealand technology on its
front cover and in its lead article. Semiconductor
International is the largest publication targeting the
semiconductor industry worldwide, with a circulation of
50,000. The technology was developed by New Zealand
nanotechnology company, Nano Cluster Devices Ltd (
www.nanoclusterdevices.com.). Nanotechnology is an
emerging field that is widely seen as having as great an
importance as biotechnology and information technology.
Nanotechnology will have tremendous impacts in these fields
as well as in electronics, medicine and many others

NCD
Chief Operating Officer, Dr Allan Miller, said "this is a
big breakthrough for Nano Cluster Devices. This publication
recognises the tremendous importance of NCD's technology and
puts it in front of all the biggest players in one of NCD's
key target markets." NCD's nanowires can be used as the key
components in transistors or as interconnects between
devices on silicon chips. Nanowires therefore have the
potential to enable much smaller and faster computers than
those possible today.

NCD's technology is also being
showcased at several high profile international meetings
over the next few months.

NCD is one of only a handful
of companies worldwide whose technologies have been selected
by a panel of industry experts for the Technology Innovation
Showcase (TIS) to be held in conjunction with the SEMICON
West conference in San Francisco in July. TIS is a
presentation format that allows the best new technologies to
be showcased in front of the entire semiconductor industry,
which gathers annually at SEMICON West. NCD Executive
Director Dr Simon Brown says that "This is really a coup.
This provides NCD with an international profile that money
couldn't buy."

Furthermore NCD has been chosen to present
its technology at the prestigious 2005 NSTI Nanotechnology
Conference and Trade Show in Los Angeles in early May 2005.
This is the largest Nanotechnology conference of the year,
with a heavy emphasis on business opportunities in this
globally significant field. The Nano Science and Technology
Institute (NSTI) is a key player in the international
nanotechnology scene, with linkages to many major
corporations.

Dr Brown will present NCD's technology at
both NSTI and TIS.

END Nanocluster Devices

About
NanoCluster Devices Ltd.

Nano Cluster Devices Ltd, formed
in early 2003, has developed novel methods for taking
clusters of atoms and forming them into electrically
conducting wires and has established a comprehensive Patent
Portfolio based on these methods. The Company, funded by
prominent New Zealand investors, raised $NZ2.75 million in
its initial round and is strategically located in
Christchurch, the Silicon Valley of the South. As a result,
Nano Cluster Devices has access to top researchers,
facilities and qualified employee base through its
affiliation with local universities and a comprehensive
nanotechnology research and development culture that has
some of the best available equipment (funded by the
MacDiarmid Institute Centre of Research Excellence). More
information is available on the Company's website at
www.nanoclusterdevices.com.

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